welcome
CoinGape

CoinGape

Business

Business & Economics

BlackRock Bitcoin ETF Hits $50 Billion Inflows, IBIT Share Jumps 4%

CoinGape
Summary
Nutrition label

62% Informative

On Monday , BlackRock Bitcoin ETF recorded $266 million in inflows, with a daily trading volume of $2.3 billion .

With $72 billion in assets under management, IBIT dominates 54% of the total ETF market AUM .

The IBIT share price surged 3.5% on Monday , breaking the $ 60 resistance and gaining over 40% from its April lows.

VR Score

41

Informative language

30

Neutral language

7

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links